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About SOMM and UP
Sommelier is falling, while Superform is climbing this week. The current SOMM to UP conversion rate is 0.0066. Inversely, this means that if you convert 1 UP you will get 151.52 SOMM. The conversion rate of SOMM/UP has increased by 0.06% in the last hour (UP/SOMM decreased by 0.06%). In the last 24 hours, SOMM/UP shrunk by 0.7%, while UP/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.0066 UP. In other words, to buy 5 Sommelier, it would cost you 0.032999 UP. Inversely, 1 UP would allow you to trade for 151.52 SOMM while 50 UP would convert to 7,575.89 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.71%. Meanwhile, in the last 24 hours, the rate has changed by 2.86%, which means that the highest exchange rate of 1 SOMM to UP was 0.007054 UP and the lowest 24 hour value was 1 SOMM for 0.006713 UP. Last month, 1 SOMM was worth 0.005061 UP. Today, it's up 23.31%. Looking back a year, Sommelier has changed by ∞ UP. That means that in a single year, the value of Sommelier has shrank by ∞%.
Sommelier Market Stats
Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier Validators to be executed on the Cellar with the intention of gaining yield. Cellars can be strategies like: A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify An NFT trading strategy that leverages Twitter sentiment around particular collections A strategy that hedges liquidity provision on DEXes Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets. Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.
Superform Market Stats
Superform is a cross-chain yield aggregation protocol that functions as a non-custodial neobank by unifying access to DeFi vaults across multiple blockchains. The UP token serves as the ecosystem's coordination hub, where it is used for protocol governance and staked by validators to secure cross-chain execution.
Conversion tables
SOMM to UP values from Today at 5:43 am
0.5 SOMM = 0.0033 UP |
1 SOMM = 0.0066 UP |
5 SOMM = 0.033 UP |
10 SOMM = 0.066 UP |
50 SOMM = 0.33 UP |
100 SOMM = 0.66 UP |
500 SOMM = 3.30 UP |
1,000 SOMM = 6.60 UP |
UP to SOMM values from Today at 5:40 am
0.5 UP = 75.76 SOMM |
1 UP = 151.52 SOMM |
5 UP = 757.59 SOMM |
10 UP = 1,515.18 SOMM |
50 UP = 7,575.89 SOMM |
100 UP = 15,151.79 SOMM |
500 UP = 75,758.94 SOMM |
1,000 UP = 151,517.88 SOMM |
SOMM to UP over time
SOMM | Today | 24H -2.86% | 1M 23.31% | 1Y 85.79% |
|---|---|---|---|---|
0.5 SOMM | 0.0033 UP | 0.003394 UP | 0.002531 UP | 0.0004688 UP |
1 SOMM | 0.0066 UP | 0.006788 UP | 0.005061 UP | 0.0009377 UP |
5 SOMM | 0.033 UP | 0.03394 UP | 0.02531 UP | 0.004688 UP |
10 SOMM | 0.066 UP | 0.06788 UP | 0.05061 UP | 0.009377 UP |
50 SOMM | 0.33 UP | 0.3394 UP | 0.2531 UP | 0.04688 UP |
100 SOMM | 0.66 UP | 0.6788 UP | 0.5061 UP | 0.09377 UP |
500 SOMM | 3.30 UP | 3.39 UP | 2.53 UP | 0.4688 UP |
1,000 SOMM | 6.60 UP | 6.79 UP | 5.06 UP | 0.9377 UP |
Frequently asked questions
Right now, 1 Sommelier is worth about €0.0003135.
Based on the current rate, you could get 3,189.59 SOMM for 1 EUR.
Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has increased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to EUR calculator at the top of this page to convert any amount of SOMM to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 15,947.95 SOMM. Inversely, 5 SOMM will cost about €0.001568
Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.
There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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